Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Wednesday, 13 August 2014. Details of the tender are set out below.

Series Offered

3.25% 21 April 2025

Series Number

TB139

ISIN

AU3TB0000168

Offered to Public ($million)

600

Reserve Bank Take-up ($million)

–

Total Amount Offered ($million)

600

First Coupon Payment Due*

21 October 2014

First Coupon Payment Amount (per $100 face value)

$1.625

*Coupons will be paid at half-yearly intervals thereafter.

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Standard Time on Wednesday, 13 August 2014.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 145KB | RTF 1.3MB] dated 4 February 2014.

Announcement of Results

The results of Tender No. 711 are expected to be announced as soon as practicable after the closing time for the lodgement of bids on Wednesday, 13 August 2014.

Settlement Arrangements

Successful bids for Treasury Bonds offered in Tender No. 711 must be settled in the Austraclear System on Monday, 18 August 2014.

Last updated: 13 August 2014

Results

13 August 2014

Series Offered

3.25% 21 April 2025

Series ID

TB139

ISIN

AU3TB0000168

Offered to Public ($million)

600

Reserve Bank Take-up ($million)

–

Total Amount Offered ($million)

600

Amount Allotted to Public ($million)

600

Weighted Average Issue Yield (%)

3.5296

Coverage Ratio

3.233

Lowest Yield Accepted (%)

3.525

Highest Yield Accepted (%)

3.535

Total Amount of All Bids Received ($million)

1,940

Total Number of Bids

33

Total Number of Successful Bids

16

Number of Bids Allocated in Full

7

Best Bid (%)

3.525

Worst Bid (%)

3.560

Weighted Average Bid (%)

3.5381

Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield*

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